GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Li-S Energy Ltd (ASX:LIS) » Definitions » Debt-to-Equity

Li-S Energy (ASX:LIS) Debt-to-Equity : 0.02 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Li-S Energy Debt-to-Equity?

Li-S Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.16 Mil. Li-S Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.72 Mil. Li-S Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$44.61 Mil. Li-S Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Li-S Energy's Debt-to-Equity or its related term are showing as below:

ASX:LIS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.02
Current: 0.02

During the past 2 years, the highest Debt-to-Equity Ratio of Li-S Energy was 0.02. The lowest was 0.00. And the median was 0.02.

ASX:LIS's Debt-to-Equity is ranked better than
93.91% of 2628 companies
in the Industrial Products industry
Industry Median: 0.29 vs ASX:LIS: 0.02

Li-S Energy Debt-to-Equity Historical Data

The historical data trend for Li-S Energy's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Li-S Energy Debt-to-Equity Chart

Li-S Energy Annual Data
Trend Jun22 Jun23
Debt-to-Equity
- 0.02

Li-S Energy Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.01 - 0.02 0.02 0.02

Competitive Comparison of Li-S Energy's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Li-S Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Li-S Energy's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Li-S Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Li-S Energy's Debt-to-Equity falls into.


Li-S Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Li-S Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.222 + 0.781) / 47.869
=0.02

Li-S Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.156 + 0.719) / 44.612
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Li-S Energy  (ASX:LIS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Li-S Energy Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Li-S Energy's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Li-S Energy (ASX:LIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Li-S Energy Ltd (ASX:LIS) » Definitions » Debt-to-Equity
Comparable Companies
ASX:MNS ASX:ECL ASX:RFT ASX:RFX ASX:SKS ASX:EGY ASX:FOS ASX:CMX ASX:ZMM ASX:H2G SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 VRT HUBB XKRX:247540
Traded in Other Exchanges
N/A
Address
10 Eagle Street, Level 27, Brisbane City, QLD, AUS, 4000
Website
https://www.lis.energy
Li-S Energy Ltd is engaged in the development, manufacture, and distribution of lithium-sulfur battery technology. The company Continues to work with Deakin University (Deakin) to commercialize over a decade of research in the development of lithium-sulfur and lithium-metal batteries that utilize boron nitride nanotubes (BNNTs) to improve performance and cycle life.

Li-S Energy (ASX:LIS) Headlines

No Headlines